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Joined 2 years ago
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Cake day: June 10th, 2023

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  • This is a really important take that not enough people understand.

    Very few people are asking for universal socialism. Capitalism works fine for some industries, Socialism works great for some industries. The government needs to figure out which ones are which, and implement rules around that.

    The big one right now that people are just starting to figure out is that capitalism sucks at real estate. The free market failures there are significant and causing a lot of problems.

    IMO land should be strictly owned by the government, and only rented to citizens. This should be the primary source of tax revenue for a country, not income taxes. Use more land, pay more taxes. Use less land, pay less taxes. Land taxes also benefit from being the only thing you can never hide, because you can’t put it under a table or move it offshore.